NACL Industries jumped 11.63% to Rs 107 after the company announced successful commencement of commercial operations of first phase of the greenfield project effective from 28 December 2022.
The greenfield project has been undertaken by NACL Spec-Chem, a wholly owned subsidiary of the company.The first phase of the greenfield project commenced with a capacity of 6,000 million tonne per annum at Industrial Area, Bharuch in Gujarat on 28 December 2022.
NACL Industries is involved in the business of crop protection. It manufactures technicals (active ingredient) and formulations.
The companys' consolidated net profit jumped 22.6% to Rs 29.89 crore on a 27.6% surge in net sales to Rs 564.91 crore in Q2 FY23 over Q2 FY22.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app